Category: Business

Just to be clear: Silicon Valley is not Logan’s Run. Unlike in the spooky ’70s thriller, techies don’t get hunted down and killed when they become what are called in the Valley “olds.” They just get shut down by a rising tide of Millennials. That’s the conclusion of a just-released report by human resources consultancy Visier. “Systemic ageism exists in tech hiring practices,” Visier reported. Generation Xers are being hired for tech jobs at a rate 33 percent less than their workforce representation, and Baby Boomers 60 percent less, Visier reported. Click here to read the full article on SiliconBeat.com. …read more Source:: East Bay – Business

SALT LAKE CITY — UPS announced Tuesday that it expects to hire more than 1,500 seasonal employees in the Salt Lake City area for the holiday season. Nationally, the company expects to hire about 95,000 seasonal employees. The full- and part-time seasonal positions — primarily package handlers, drivers and driver helpers — have long been an entry point for permanent employment at UPS. Seasonal driver jobs start at $18.75 per hour. Part-time manager pay starts at $14.85 per hour. Pay for package handlers and driver helpers starts at $10.20 per hour. Package handlers and driver helpers are also eligible for bonus pay bringing the hourly rate to $16 per hour.… Read More

WALNUT CREEK — Until January 2015, Big Macs and Filet O’ Fish sandwiches were served there. A few years from now, it figures to be ritzier culinary fare emanating from 1380 N. California Blvd. downtown, a six-story mixed retail/restaurant/residential use project now with only a few key permits needed before construction can begin. Now known simply as 1380 California, the proposed development spearheaded by Align Real Estate of San Francisco would be a 150,000-square-foot mixed-use building with ground-floor retail and restaurants, 77 market-rate apartments, 20 hotel rooms (among the apartments) and three floors of underground parking. There is no formal schedule for start of construction; David Balducci of Align Real… Read More

In April 1994, Boeing unveiled the new 777 aircraft, a twin-engine jet used for long-haul flights such as London to Chicago. It was the first airplane to be designed entirely on computers. Since then, there have been almost 5 million 777 flights, and the aircraft has become one of the most familiar planes in the world. Elizabeth Lund has been obsessed with the 777 since it first debuted. Today, she’s the vice president and general manager for all models of the aircraft; leads the design, production, and distribution of the planes; and oversees the enormous Boeing manufacturing plant where they are produced in Everett, Washington. Lund graduated from the University… Read More

NEW YORK (AP) — Equifax CEO Richard Smith is out after a massive internet breach affecting as many as 143 million people. Check back on this developing story for updates. …read more Source:: East Bay – Business

Racist caricatures scribbled on walls and cardboard boxes. Racial epithets directed at black, factory employees. Three former Tesla factory employees charge in a new suit that the environment at the Tesla factory in Fremont is hostile with racial antagonism and unwelcome to African American worers “kjl;adf,” he said. The electric vehicle maker has come under siege from its factory workers ad former employees in recent months, spoiling an effort to boost enthusiasm and worker morale heading into a crucial Model 3 production phase. Tesla has been slapped with another discrimination suit, this time claiming supervisors and workers used racial epithets and drew racist graffiti aimed at three African-American employees. Owen… Read More

SAN JOSE — The site of a future tech campus in downtown San Jose being built by by two veteran realty developers has captured the interest of Google’s development ally, a possible hint that Google’s area’s of interest could expand in the urban core of the Bay Area’s largest city. TMG Partners and Valley Oak Partners have crafted a purchase and sales agreement with Mike Akatiff, the principal owner of the parcels, located in an aging industrial district along the banks of the Guadalupe River, near the corner of West Julian Street and Autumn Park. For more Bay Area housing affordability, home sales and other real estate news follow us… Read More

Starting next year, it may not just be peanuts and Cracker Jacks that go with America’s national pastime. It may also be augmented reality. In an attempt to woo new and younger viewers, Major League Baseball is building augmented reality into its live statistics application, which will overlay three-dimensional graphics on top of real-life views. Major League Baseball demonstrated its prototype at a San Francisco Giants game last week in front of a gaggle of reporters. Its plan is to launch AR into its popular “At Bat” app by 2018. Using Apple’s ARKit augmented reality platform, the new app will allow ballpark attendees to point their iPhone and iPad at… Read More

From in-store bars to shops without inventory to new technology, retailers are experimenting with the traditional brick-and-mortar format as e-commerce has left businesses scrambling to figure out how to bring shoppers into their stores. The pattern has signaled a change in how stores look and operate that has reached the Bay Area. “Retail is having to reinvent itself,” said Judge Graham, chief marketing and new business officer for marketing agency Ansira. Graham pointed to Best Buy, which has implemented a variety of demo and service areas in an effort to draw people into its physical stores. In many stores, it has introduced in-store Dyson shops where people can test out… Read More

The U.S. economy affects everyone, for better or for worse. While some residents feel prosperous and comfortable, others see themselves at risk and distressed. Axios recently put together a map that shows how various communities in the country are being affected by the economy. “U.S. geographical economic inequality is growing, meaning your economic opportunity is more tied to your location than ever before. A large portion of the country is being left behind by today’s economy,” according to Axios. The fastest-growing cities in the West include Gilbert, Arizona, and Plano, Texas. Tech hubs, like Seattle, San Francisco and Austin, are also dominating the list of cities seeing prosperity. In Axios’… Read More